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Northview Residential REIT T.NRR.UN

Alternate Symbol(s):  NRRUF

Northview Residential REIT is a Canada-based real estate investment trust. The Company is engaged in indirectly acquiring, owning, and operating a portfolio of income-producing rental properties in secondary markets within Canada. Its properties include multi-residential properties, commercial properties, and execusuite properties. Its multi-residential properties include Dawson Townhomes, Ridgeview Apartments, Parkview Apartments, Tuscany Manor, County Squire A and B, Willowbrook Townhomes, Mt. Glacier Apartments, and Springhill Apartments, among others. Its commercial properties include the Franklin Manor Building, Bristol Court Sun Life, Blackstone Federal Building, Mack Travel Building, Shoppers Drug Mart, NWT Commerce Place, and others. Its execusuite properties include Inuvik Capital Suites, Capital Suites, and Iqualit Capital Suites. Its portfolio consists of approximately 14,400 multi-residential suites and 200 execusuites across nine provinces and two territories.


TSX:NRR.UN - Post by User

Post by JosephM1on Nov 13, 2023 7:09pm
129 Views
Post# 35733140

Internalization of management

Internalization of management
Q3, having internalized management fees (although still some fees to Starlight due to end of agreement) ,

Asset management fees fall from 1.65 million to 911k.. Looks like on going forward basis, the reit will beneift around 3.5 million  retained.. Another .11 cents added to FFO and AFFO going forward. 

 
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